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South Korea’s KOSPI falls 5.8% amid global chip selloff
South Korea
First seen: Aug 19, 2026, 9:02 AM UTCUpdated: Aug 19, 2026, 9:02 AM UTC
WHAT HAPPENED
South Korea’s KOSPI plunged 5.8%, triggering a sell-side circuit breaker known as a sidecar, as chip stocks sold off globally and bond yields rose worldwide.
SO WHAT?
The sharp market decline and broader chip-sector selloff indicate a potentially significant regional and global financial shock.
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